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Adriano Care Socimi (XMAD:YADR) Goodwill-to-Asset : 0.02 (As of Dec. 2023)


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What is Adriano Care Socimi Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Adriano Care Socimi's Goodwill for the quarter that ended in Dec. 2023 was €4.75 Mil. Adriano Care Socimi's Total Assets for the quarter that ended in Dec. 2023 was €266.78 Mil. Therefore, Adriano Care Socimi's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.02.


Adriano Care Socimi Goodwill-to-Asset Historical Data

The historical data trend for Adriano Care Socimi's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adriano Care Socimi Goodwill-to-Asset Chart

Adriano Care Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial - 0.12 0.04 0.02 0.02

Adriano Care Socimi Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.04 0.02 0.02 0.02 0.02

Competitive Comparison of Adriano Care Socimi's Goodwill-to-Asset

For the REIT - Healthcare Facilities subindustry, Adriano Care Socimi's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adriano Care Socimi's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Adriano Care Socimi's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Adriano Care Socimi's Goodwill-to-Asset falls into.



Adriano Care Socimi Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Adriano Care Socimi's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=4.75/266.78
=0.02

Adriano Care Socimi's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=4.75/266.78
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Adriano Care Socimi  (XMAD:YADR) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Adriano Care Socimi Goodwill-to-Asset Related Terms

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Adriano Care Socimi (XMAD:YADR) Business Description

Traded in Other Exchanges
N/A
Address
C/ Villanueva 2 bis - planta jardin, Madrid, ESP, 28001
Adriano Care Socimi SA is engaged in creating a real estate portfolio of assets related to the elderly, with the purpose of maximizing shareholder's returns through active asset management of the acquired. Its portfolio includes geriatric residences, homes adapted for the elderly, and other care centers for this group.

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